Economics & Sociology

ISSN: 2071-789X eISSN: 2306-3459 DOI: 10.14254/2071-789X
Index PUBMS: f5512f57-a601-11e7-8f0e-080027f4daa0
Article information
Title: Dairy Industry in Ukraine: Evaluation of Business Efficiency
Issue: Vol. 6, No 2, 2013
Published date: 20-11-2013 (print) / 20-11-2013 (online)
Journal: Economics & Sociology
ISSN: 2071-789X, eISSN: 2306-3459
Authors: Anna Penchuk
Keywords: dairy industry of Ukraine, performance, effectiveness, efficiency, synergistic effect
DOI: 10.14254/2071-789X.2013/6-2/5
Index PUBMS: 2266dafa-aa13-11e7-8eae-080027f4daa0
Language: English
Pages: 53-64 (12)
JEL classification: L66

The paper considers the problem of maintaining priority development of milk processing plants, emphasizing great importance of the formation of evaluation system. The overview of scientific approaches to the definition of the operation of enterprises is done. The importance of the distinction between the effectiveness and efficiency is substantiated. The evaluation of performance on key indicators is developed regarding the main activities of milk processing enterprises in Ukraine, requirements and standards. The areas of company’s management to operate successfully under the market conditions are identified.